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Ethereum is Not a Security - New CFTC Chief


Ether, the native token of the Ethereum blockchain, is a commodity, believes the new Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Heath Tarbert. "We've been very clear on bitcoin: bitcoin is a commodity. We haven't said anything about ether—until now. It is my view as chairman...

SEC Rejects Another High-Profile Bitcoin ETF Proposal


Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). The agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of...

Bitcoin Price Breaks USD 8.5K, Altcoins Signaling Bullish Continuation


After several attempts to clear USD 8,300, bitcoin price finally gained bullish momentum. BTC/USD rallied more than 5% and traded above a few important resistances such as USD 8,300, USD 8,500 and USD 8,550. The price is currently (11:00 UTC) consolidating gains and it could continue to rise...

Litecoin Price Shows the Second Smallest Gain in the Past Week


Source: iStock/Ja'Crispy Though the week so far have been quite green for the top 10 coins by market capitalization, not all coins appreciated equally. One of the 10 to see the smallest rise is Litecoin (LTC). At UTC 9:10, all top 10 coins are showing a rise in the last-7-days period. While XRP...

SEC Might Not Approve Bitcoin ETF For Two Years + 13 More Crypto News


Jay Clayton. Source: Twitter, SEC Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulations news It's "reasonable to assume" that the American regulatory Securities...

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